Monday, August 6, 2012

Apartment Market Continues to Tighten via REIT.com

Showing no signs of slowing down, market conditions continued to grow more favorable for property owners in the apartment sector for the sixth consecutive quarter, according to data from the National Multi Housing Council (NMHC).

“The apartment sector’s strength continues unabated,” said Mark Obrinsky, NMHC’s chief economist. “Even as new construction ramps up, higher demand for apartment residences still outstrips new supply with no letup in sight.”

Read more...Apartment Market Continues to Tighten via REIT.com

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